The freight forwarder and third-party logistics provider increased year-over-year consolidated profits and revenues in Q1 with airfreight volumes inching up amid lower ocean freight volumes.
FDA sparks e-cig crackdown
Agency chief tells House appropriators that the FDA will carry out enforcement action in an effort to curb underage use of e-cigarettes.
Executive Moves: Port of Los Angeles and Greenbrier
The Port of Los Angeles appoints deputy executive director of stakeholder engagement, while the Greenbrier Cos. names vice presidents for its manufacturing and leasing operations.
Spaceport of Los Angeles?
Port of Los Angeles announces deal to lease shipyard to Space X for rocket construction.
House committee clears export control bill
H.R. 5040 would increase congressional oversight over executive branch implementation of export control regulations.
Countdown on for warehouse drone launch
Geodis, Delta Drone say their product for automated inventory tracking will be operational by the end of the year.
Ag secretary slams ‘ludicrous’ sorghum duty
The U.S. government, along with the nation’s sorghum producers, are questioning the basis for China’s decision to impose a 178.6 percent antidumping duty on these imports from the United States.
CSX reports nearly double net earnings
The first in its class to release Q1 results, the railway reported a 4 percent year-over-year decline in volumes and a sharp drop in headcount.
Executive Moves: Premium Transportation, Wolfe
Premium Transportation Logistics names president, while Wolfe Research appoints new managing director.
EU builds case against metals tariffs
The EU is fighting U.S. tariffs set to take effect May 1 through the World Trade Organization safeguards consultation process.